Solana Struggles Continue: Will SOL Fall to $150 or Hit $300?

6 months ago 19

Solana’s SOL cryptocurrency is presently trading astir the $205 people and remains mostly successful the red. The plus has struggled passim 2025 truthful far, wide down 9% successful the past 30 days. As analysts hunt for a motion of improvement, the plus is trading adjacent to important absorption levels. While a flimsy antagonistic correction could travel earlier a rebounding surge, it could besides mean further drops to come. Ultimately depending connected marketplace assurance and conditions, could Solana autumn arsenic debased arsenic $150, oregon rebound to $300?

With Solana’s terms perpetually slipping beneath cardinal levels and little trading activity, the unit is mounting against SOL. This whitethorn resistance the levels deeper down the support. The terms continues to clasp wrong a pivotal range, suggesting the token could astir apt trigger a rebound. Alternatively, a deeper correction seems to beryllium inevitable, arsenic SOL thrived towards the extremity of 2024 but continues to suffer.

The terms is trading betwixt 50-day & 200-day MA acting arsenic absorption and support, respectively, according to TradingView data. As the RSI is bearish and heading towards the little threshold, much downfall could come. Hence, Solana SOL terms whitethorn trial the enactment of the parallel transmission astatine astir $186, followed by a monolithic rebound. A failed trial could nonstop SOL spiraling to $150 and below. Alternatively, a palmy trial could springiness the altcoin a much-needed boost to reclaim $250 and adjacent $300.

Also Read: Solana Reclaims $200: Can SOL Hit $250 This Week?

After marking the highest DEX measurement for January of implicit $258 billion, the level besides leads blockchain enactment with 6.3 cardinal regular progressive users. Solana’s meme coins besides proceed to thrive, giving investors anticipation for Solana’s future. Price predictions are teetering betwixt bullish and bearish.

Solana SOL Market SentimentSolana SOL Market Sentiment, Courtesy of CoinMarketCap

Leading on-chain metrics and terms prediction steadfast CoinCodex paints a neutral representation for Solana successful February 2025. According to the terms prediction, SOL could determination astatine a snail’s gait and present meager profits to investors. The terms prediction estimates that Solana could scope a maximum precocious of $216 by the extremity of the month. That’s an uptick and instrumentality connected concern (ROI) of conscionable implicit 10% from its existent terms of $190.

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